Daily analysis of major pairs for October 27, 2015
October 27, 2015 9:40 amVideo
Latest News
- Forecast for EUR/USD on April 19, 2024 April 19, 2024
- Forecast for GBP/USD on April 19, 2024 April 19, 2024
- Forecast for USD/JPY on April 19, 2024 April 19, 2024
- Technical Analysis of Intraday Price Movement of Litecoin Cryptocurrency, Friday April 19 2024. April 19, 2024
- Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday April 19 2024. April 19, 2024
- Michelle Bowman reiterated Jerome Powell’s opinion April 19, 2024
- The ECB has finally made up its mind April 19, 2024
- The dollar is in control April 19, 2024
- Analysis of the GBP/USD pair on April 18, 2024 April 18, 2024
- Analysis for EUR/USD pair on April 18th. Dull ending to a dull week April 18, 2024
- USD/JPY: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- GBP/USD: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- EUR/USD: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- GBP/USD: trading plan for the US session on April 18th (analysis of morning deals) April 18, 2024
- Trading Signals for EUR/USD for April 18-20, 2024: buy above 1.0641 (21 SMA – 2/8 Murray) April 18, 2024
- Bitcoin slides ahead of halving event – Crypto News April 18, 2024
- Trading Signals for BITCOIN (BTC/USD) for April 18-20, 2024: buy above $62,500 or $63,037 (4/8 Murray – rebound) April 18, 2024
- GBP/USD. April 18th. Andrew Bailey did not clarify the situation on QE April 18, 2024
- Trading Signals for GOLD (XAU/USD) for April 18-20, 2024: buy above $2,375 (6/8 Murray – 21 SMA) April 18, 2024
- Technical Analysis – Netflix stock moves within narrow range ahead of earnings April 18, 2024
EUR/USD: This market, which plunged massively last
week, is still in a bearish mode. A Bearish Confirmation Pattern is valid and
it cannot be rendered ineffectual unless the price rises above the resistance
line of 1.1200. Right now, any attempts to rally in the market could be seen as
good opportunities to go short.
USD/CHF: This
pair remains in a strong bullish mode, without any signs of retracement. This week’s targets is seen at the resistance levels of 0.9850 and 0.9900, remain
valid. Although, strong continual buying pressure is needed for the resistance
level to be attained, the outlook is upbeat here.
GBP/USD: This currency trading instrument still has the
recent “sell” signal on it, though the price is yet to make a directional movement. There are accumulation territories around 1.5300 and 1.5250; plus there
are distribution territories at 1.5400 and 1.5450. The price is expected to go above the
distribution territories or below the accumulation territories this week.
USD/JPY: The USD/JPY pair, which traded strongly northwards last week, corrected lower this week. The price came down by 110 pips, but the bias is still bullish. The bullish bias would remain valid as long as the demand level of 119.50 is not breached to the downside.
EUR/JPY: This cross has continued
its modarate bearish journey. The bearish bias is supposed to
continue, owing to the current weakness in the EUR and the stamina in the JPY.
For this bias to be reversed, the EUR would need to become stronger than the
JPY, which might not be possible this week.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: